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Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business that showed very poor returns, Fearnleys weekly report says. From South America there was said to be a touch more activity with marginally better rates talked. The SMX market in Feast is quiet and softening due to a lack of cargos and an oversupply of tonnage. It seems like charters holding back and waiting market to come off further.
Fearnleys broker further said, vessels open Spore trading around US$ 6,500 for SE. Asia round voyages, for trips to India vessels can achieve around 8K. Backhaul, a Supra open China got fixed at around 8K first 65 days and 11K after for a trip to Wafr. South Africa is still unchanged rates are at around 8,500-9K +150,000 BB for trips east. Period, a Supra open mid China got fixed for 2-3 months period at US$ 11,500.
Panamax
According to Fearnleys, after a short period of increasing rates the market has cooled down again to low and depressed levels. There are very many open positions that is putting pressure on the rates in both hemispheres. In the Atlantic ships trade at around US$ 2000 for quick trips, while 2/3ll and longer duration fetch around US$ 5000. Mid-week has been fairly active with quite a bit of fixing and new orders coming out, but this does not seem to be enough to improve rates dramatically.
The fertilizer shippers in the Baltic have been pretty active shipping a few fronthaul cargoes. From the continent this pays around US$ 12000, while ecsa/feast is now reported around 12+200K. Broker noted, the pacific has been in a steady decline over the last week. Now the pacific round is paying around US$ 5000 and still falling. There have been a few period fixtures, a modern kamsarmax was reported at US$ 8000 for a short period with feast delivery, and a panamax with Atlantic delivery was reported around US$ 11000 for 1 yr.
Capesize
on cape, Fearnleys broker said, the week has seen some activity which has recently picked up, but moving the market. In fact the Pacific has remained flat with WA / China around mid US$ 7.00´s, whereas the Brazil / China has seen activity but is overwhelmed by ballasters who have pushed the market to below US$ 19.00, from over US$ 21.00 at the middle of last week. Planned maintenance at South African export facility will reduce the number of cargos for a ten day period in August, and this will add to an already depressed market.
The trans Atlantic market is typically volatile with time charter numbers falling below US$ 7000 daily. Period activity has come to a halt as many charterers prefer to wait and observe the market direction during the next summer weeks.
Source: Fearnleys
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Thursday, 31 July 14
RIO TINTO SELLS MOZAMBIQUE COAL ASSETS FOR US$ 50 MILLION TO INDIA'S ICVL
COALspot.com: Rio Tinto has agreed to sell its Mozambique coal assets for just US$ 50 million to International coal ventures Private limited of Ind ...
Wednesday, 30 July 14
CAPES SEEMED TO BE STRANDED AT THE SAME LEVELS; PANAMAXES MANAGED TO SLIGHTLY REVIVE - INTERMODAL
COALspot.com: The Dry Bulk market took a breath this past week, as both Panamaxes and Supras started to see a small influx of activity, which was j ...
Tuesday, 29 July 14
TOTAL SELLS ITS SOUTH AFRICAN COAL MINING ASSETS TO EXXARO
Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affili ...
Tuesday, 29 July 14
GENCO: DRY BULK SHIPPING VALUATIONS NO LONGER ANCHORED TO DISCOUNTED CASH FLOW METHOD - WEIL
KNOWLEDGE TO ELEVATE
Discounted cash flow analysis is a mainstay among the valuation methodologies used by restructuring professionals and bank ...
Tuesday, 29 July 14
SHIP OWNERS' DEMAND OF NEW VESSELS DENTED AS A RESULT OF LOWER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The sharp downward direction of dry bulk freight rates has had a negative impact on investors’ secondhand buying appetite that wait to see th ...
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Showing 3571 to 3575 news of total 6871 |
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- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Australian Coal Association
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
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